Re: Credit and Insurance

Posted by Boadicea (66.149.179.202) on July 10, 2004 at 10:51:55:

In Reply to: Re: Credit and Insurance posted by Why Chat on July 09, 2004 at 22:48:37:

Ah, thanks for clarifying. I wasn't hitting on all cylinders yesterday. (Working too many hours trying to get ahead before vacation.)

But, yes, I'm also aware that there is NO consistency between insurance companies in how they rate a policy based on credit reports. I *did* have a premium jump 50% because of several inaccurate entries in my credit report. My husband's insurance agent was able to price a policy for me at one-forth the rate of my old insurance agent just this week. Despite the fact that I've been with the same insurance company for 28 years and have guaranteed renewal, I'm dropping the policy.

It pays to shop around regardless of one's credit report!

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